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Updated RecentlyVivi Bubble Tea vs Tastea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Vivi Bubble Tea vs Tastea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $166,900 - $305,100 | $368,300 - $804,500 |
| Franchise Fee | $28,800 | $40,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2007 | 2013 |
| Year Franchised | 2019 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Vivi Bubble Tea
!["VIVI]("https://vivibubbletea.com/images/logo.png"){kind=logo}
VIVI BUBBLE TEA introduces the concept of "technical tea" through the mechanized
single setting. Let the friends who first entered the beverage store also have the skills of
the master. In order to make the quality of tea easier to control, we use the mechanized
operation process of fructose metering machine and other related equipment. Our equipment is
used to minimize the work of human beings while maintaining the quality of tea drinks we
make. In other words, it helps the owner by being more effective in saving personnel costs
and store space.
You do not need to worry about the lack of space of the store, VIVI BUBBLE TEA can help you achieve the goal of “small space of the store, big profits.
About Tastea
!["Tastea]("https://fddexchange.com/wp-content/uploads/2020/03/tastea-300x157.png")
The Tastea dream is a reality. We continue to push the envelope with
new drinks and flavors -- constantly creating and searching for new ways
to make people smile. But at the same time, we still serve the classics
that so many of our customers love, from Thai Iced Tea to Green Milk to
Taro Milk Tea and more. The center of the Tastea experience
is our unique tea bar, where customers can hang out with friends and
make some new ones, all while enjoying the most refreshing treat around.
Under the Single Tastea Tea Bar Program, you will sign a Franchise
Agreement to operate a single Tastea Tea Bar. The franchisor estimates
your total initial investment to begin operations of a single Tastea Tea
Bar will range from approximately $368,300 to $654,500. Included in the
estimate is $74,500 to $80,500 that must be paid to the franchisor or
their affiliate which is comprised of the Initial Franchise Fee of
$40,000 and $34,500 to $40,500 in fees and expenditures.
Under the Area Development Program, the franchisor assigns a defined
area within which you must develop and operate a minimum of three Tastea
Tea Bars within a specified period of time. If you sign an Area
Development Agreement, the franchisor estimates your total initial
investment will range from $428,300 to $804,500. Included in the
estimate is $134,500 to $230,500 that you must pay to the franchisor or
their affiliate which is comprised of the Development Fee of $100,000
(for 3 units) to $190,000 (for 6 units) and $34,500 to $40,500 in fees
and expenditures for your first Tastea Tea Bar unit.